Friday, September 6, 2024

Pre-Launch Bookings For The All-New BMW CE 02 Across India


#MoveYourWay

Available for pre-booking at all BMW Motorrad authorized dealerships.

#CE02 #PluggedToLife #MakeLifeARide #BMWMotorrad #UrbanMobility

BMW Motorrad India will open bookings for the all-new BMW CE 02 from 12:30 Hrs, 07 September 2024 onwards. The all-new BMW CE 02 is the first locally produced BEV in India from BMW Motorrad, for the world.

The all-new BMW CE 02 symbolizes not just a shift in mobility but also in attitude. The CE 02 appeals to those who take a different path, make bold statements, and stand out while being #PluggedToLife.

The all-new BMW CE 02 is created for the city and the urban environment. It is nimble, practical and robust, which makes riding fun.

The all-new BMW CE 02 is Revolutionary, Iconic. It’s visually attractive and electrically quiet at the same time. Being environmentally conscious can be stylish now.

Customers can contact their nearest authorised BMW Motorrad dealership to book the all-new BMW CE 02. To locate an authorised BMW Motorrad dealership, click here: https://bit.ly/4d4iWXv. 

FEF And Dharmatic Entertainment Collaboration Unveiled At The 3rd FEF Annual Gala


The Fashion Entrepreneur Fund (FEF) and Dharmatic Entertainment Pvt. Ltd., the digital content arm of Dharma Productions, announced an exciting new alliance during the 3rd FEF Annual Gala on September 05. The conference, held at Taj Lands End, Mumbai, was attended by prominent figures & FEF Stakeholders including, Mr. Akshay Kumar, Mr. Karan Johar, Mr. Ravi Jaipuria, Mr. Vinod Dugar, Ms. Manju Yagnik, Ms. Sonali Dugar and Ms. Apoorva Mehta.

The 3rd Annual Gala focussed on the shared vision of FEF and Dharmatic Entertainment to merge fashion with creative storytelling, aiming to nurture innovation and create new opportunities for emerging fashion entrepreneurs. The alliance of FEF and Dharmatic is poised to explore what lies ahead in this exciting new chapter.

This collaboration comes shortly after the announcement that Mr. Karan Johar, Indian filmmaker, television personality, and the Founder and Managing Director of Dharmatic Entertainment Pvt. Ltd., has individually joined FEF as an investor and promoter. Johar’s involvement with FEF shows his commitment to transforming the fashion industry by addressing the challenges faced by professionals in the sector.

Mr. Karan Johar commented on the initiative, “Fashion is more than just a visual statement; it's a narrative that reflects our identity, heritage, and aspiration. At Dharmatic, our focus has always been on telling stories that resonate with people. This partnership with FEF is an interesting opportunity to bring fashion-driven narratives to life, combining our storytelling expertise with FEF’s commitment to nurturing entrepreneurial talent in the fashion industry. Having recently joined FEF as a promoter, I’m even more looking forward to the potential this collaboration holds. Together, we are set to create content that is impactful, setting new trends and inspiring the next generation of fashion innovators.”

Mr. Apoorva Mehta, CEO and Managing Director of Dharmatic Entertainment, noted, “The fusion of fashion and creativity is redefining the boundaries of what's possible. At Dharmatic, we believe in collaboration as a force to drive innovation, and this partnership with FEF is proof to that vision. By merging fashion’s artistic expression with novel ideas, we aim to inspire new trends and elevate the profiles of emerging talent in the fashion industry.”

“Fashion has the unique power to shape culture and express individuality,” said Bollywood star Mr. Akshay Kumar. “This collaboration is a step towards setting trends that resonate with people and spark conversations about creativity and self-expression. I’m excited to see how this initiative combines innovation and fashion to make a lasting impact.”

Sharing his excitement and emphasising the business perspective, business magnate and Chairman of RJ Group, Mr. Ravi Jaipuria stated, “This partnership is a perfect blend of creativity and entrepreneurship. At FEF, our goal has always been to back ventures that have the potential to disrupt and redefine industries. Dharmatic’s expertise in storytelling combined with FEF’s focus on nurturing fashion entrepreneurs is a winning formula. This collaboration will help build sustainable business models that can adapt and flourish in the ever-evolving market.”

Adding their views, Mr. Vagish Pathak, Chairman & Mr. Sanjay Nigam, Founder of Fashion Entrepreneur Fund said, “We are excited to join hands with Dharmatic Entertainment. This partnership is in line with our mission to support and elevate the fashion industry by providing a platform for innovation and growth. With Karan Johar already onboard as an investor & promoter, this collaboration is a natural extension of our shared vision. By combining our strengths, we are poised to create a dynamic ecosystem that will enable fashion entrepreneurs to thrive, offering them the resources, mentorship, and exposure they need to succeed in this competitive landscape.”

Dharmatic Entertainment Pvt. Ltd. has rapidly established itself as a powerhouse in creative content, recognized for its high-quality, engaging, and diverse offerings that appeal to a global audience. This collaboration with FEF marks the beginning of a new chapter where fashion meets creative media, creating a vibrant platform for fashion entrepreneurs to shine.

About the Fashion Entrepreneur Fund (FEF):

Fashion Entrepreneur Fund (FEF), a groundbreaking initiative, fosters a collaborative ecosystem within the fashion industry. FEF is investing a substantial amount to empower individuals in the fashion sector, helping turn their aspirations into thriving enterprises. This pioneering venture studio aims to cultivate innovation and entrepreneurship, providing essential resources and mentorship to budding talents. By bridging gaps and offering support, FEF propels the growth and success of emerging businesses, enriching the fabric of the fashion landscape. With its robust foundation and visionary approach, FEF sets the stage for transformative change and sustainable growth in the industry.

Invesco Mutual Fund Launches Invesco India Technology Fund


* NFO Opens: 3 September 2024; Closes: 17 September 2024

Invesco Mutual Fund today announced the launch of its new fund Invesco India Technology Fund, (an open ended equity scheme investing in technology and technology related sectors).

Invesco India Technology Fund seeks to generate capital appreciation by investing 80% - 100% in equity & equity related instruments of companies in technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefiting from increased digital adoption. This fund will adopt both top down and bottom-up approach and will invest across market capitalization balancing large cap stability with midcap growth and small cap potential. The fund will target investments in Indian Technology Companies alongside global technology leaders and innovators*. The fund will be benchmarked to Nifty IT TRI and will be managed by the fund managers, Mr. Hiten Jain and Mr. Aditya Khemani.

Speaking at the launch, Mr. Taher Badshah, Chief Investment Officer, Invesco Mutual Fund said, "After a phase of subdued growth, the global IT services sector appears ready for recovery as the global economic environment stabilises and as conditions build for a potential reversal of the hitherto rising global interest rate cycle. Not only has the Indian IT services sector gained share during this period in helping global companies manage costs, but it is also well positioned to accelerate growth going forward as adoption of new technologies revive global discretionary technology spends.”

Mr. Hiten Jain, Fund Manager, Invesco Mutual Fund further said, “Today's world is driven by technology, and businesses are embracing newer technologies, creating new growth opportunities for IT companies. The sector is gaining strength, supported by digitalization, government initiatives, and other factors. Moreover, valuations are reasonable, and we anticipate cyclical recovery in earnings driven by improving business sentiment.”

The minimum investment amount during the NFO is Rs. 1,000/- and in multiples of Re. 1/- thereafter. For SIP investments, the minimum application amount is Rs. 500/- and in multiples of Re. 1/- thereafter. The fund will charge an exit load of 0.50% for units redeemed / switched out on or before 3 months from the date of allotment. No exit load will be charged if units are redeemed / switched out after 3 months.

The New Fund Offer (NFO) is now open for subscription from today (3 September, 2024) and will close on 17 September, 2024.

About Invesco Asset Management (India) Private Limited

Invesco Asset Management (India) is one of the leading asset management companies in India. With over INR 96,491 crores of average assets under management for quarter ending June 2024 across Mutual funds, PMS and Offshore Advisory, we serve investment needs of individual investors, corporate and institutions through mutual funds and sub- advised portfolios. Our expertise extends across equity, fixed income and alternative asset classes where we offer the complete range of funds designed to suit investment needs. IAMI’s aim is to provide top class financial care, impeccable service and best- in-class investment products.

For more details visit www.invescomutualfund.com

About Invesco Ltd.

Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.7 trillion in assets on behalf of clients worldwide as of June 30, 2024.

For more information, visit https://www.invesco.com/corporate 

Note: The above product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.

*Note - The Scheme will not invest in Overseas securities / Overseas ETFs during a period of six months from the date of closure of New Fund Offer. On an ongoing basis, the Scheme may make investments in overseas securities (i.e. ADRs, GDRs etc.) upto the available limit at the Fund level. Investments in Overseas ETFs is temporarily suspended and will be allowed once the communication is received from SEBI / AMFI.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Star Health Insurance Launches India's First Insurance Policy In Braille


-  Launches industry-first Braille version of Special Care Gold, offering comprehensive protection tailored for individuals with 40% or more disability

-  Launches a long-term inclusivity and diversity initiative to empower visually impaired individuals with income opportunities in the insurance sector

- In India, 34 million people (2.5% of the population) are visually impaired

- Economic potential total loss of productivity due to vision impairment in India is INR 646 billion

Star Health and Allied Insurance Co. Ltd (Star Health Insurance), India’s largest retail health insurer announced the launch of an industry-first insurance policy in Braille. Reinforcing Star Health Insurance’s commitment to inclusivity and accessibility, this is a significant step towards ensuring that the visually-impaired and blind diaspora can access information and make independent decision on matters related to their health and finance. Star Health has also launched a diversity and financial inclusivity drive to economically empower the 34 million diaspora of visually impaired/blind individuals in India with income generation opportunities. It is committed to supporting this unserved, marginalised section of society with training and upskilling to enable them to become health insurance agents with the Company. The beauty of this construct is that it enables them to work at their own pace, in their familiar surroundings and to take charge of their own lives.

Mr. Anand Roy, MD & CEO of Star Health Insurance said, “We are pleased to announce the launch of ‘Special Care Gold’ policy in Braille. This is a significant milestone in our mission to deliver equitable access to health insurance across all segments of society. This policy transcends traditional insurance, embodying our commitment to ensuring that individuals with disabilities receive the comprehensive support and coverage they need. We aim to build a more inclusive insurance sector – and specifically the 34 million individuals in India that are visually impaired. Aligned with IRDAI’s ‘Insurance for All’ vision, we are dedicated to ensuring democratisation of not just quality health insurance but also extend to enabling financial inclusivity by creating sustainable income generation opportunities for this unserved and marginalised  section of society. And who better than Srikanth Bolla – a dynamic force in society to evangelise this movement.”

Mr. Srikanth Bolla, Co-Founder & Chairman Bollant Industries said, “As someone who has experienced the challenges faced by individuals with special abilities, I applaud Star Health Insurance for this industry first, inclusive initiative. Special Care Gold is not just an insurance policy in Braille; it is a message of empowerment and equal opportunity. It acknowledges that people with special abilities have the same right to health protection as anyone else, and that's a significant stride towards true inclusivity in our society. My family and I are proud customers of Star Health Insurance – and I am delighted to now become a licensed health insurance agent with Star Health and to further evangelise this to reach those that need this crucial support to help them create their own destiny.”

Renowned industrialist Mr. Srikanth Bolla, a visually impaired entrepreneur and Co-Founder & Chairman of Bollant Industries, along with Mr. Anand Roy, MD & CEO of Star Health Insurance, graced the launch event.

The ‘Special Care Gold’ policy is specifically designed to meet the unique needs of persons with disabilities (PWD). In 2017, the Ministry of Health & Family Welfare reported that 34 million people in India, or 2.5% of the population, are visually impaired. A 2022 study by the Indian Journal of Ophthalmology estimated that vision impairment causes an economic loss of INR 646 billion in productivity, with a per capita loss of INR 9,192. This policy addresses a critical need for inclusive and comprehensive health coverage for this critical but unserved segment of customers. Special Care Gold exemplifies Star Health Insurance’s commitment to ensuring that quality healthcare is accessible to all, including those with conditions that are often overlooked.

Star Health Insurance aims to provide comprehensive support to these new recruits, including fully funded exam preparations, audio training and scribe for the exam for persons with disabilities (PWD). A dedicated hotline number for agents has been established to offer ongoing assistance and to address concerns. This initiative is designed to offer marginalized communities the flexibility to work at their own pace and from the comfort of their homes, making income generation accessible and adaptable to their individual needs.

The Braille version of "Special Care Gold" policy document was produced in collaboration with the National Association of the Blind (NAB). The policy offers tailored coverage for individuals with 40% or more disability, including those with physical, sensory, or cognitive impairments. It covers essential medical treatments and support services.

About Star Health and Allied Insurance:  

Star Health Insurance (BSE: 543412 | NSE: STARHEALTH) is India's leading standalone health insurer, operating since 2006. The Company offers Health, Personal Accident and Travel Insurance, with specialized products for cancer, diabetes, cardiac illnesses, senior citizens, women and children. Star Health has a strong distribution network, including 887 offices, 30,000+ healthcare providers, 718,000 agents, and robust bancassurance partnerships. The Company is also the first in India to settle over 1 crore claims. In FY24, Star Health reported a gross written premium of Rs 15,254 Cr and a net worth of Rs 6,339 Cr.

For more information visit www.starhealth.in

SMFG India Credit Launches its 1000th Branch; Commemorates Milestone With Special Cover & My Stamp Release


SMFG India Credit Co. Ltd., a prominent player in India’s Non-Banking Financial Company (NBFC) sector, proudly announces the opening of its 1000th branch, located in Vashi, Navi Mumbai. This landmark event underscores the company’s unwavering commitment to expanding its footprint across the country and bringing financial services to underpenetrated markets. To mark this significant milestone, SMFG India Credit has collaborated with India Post to release a Special Cover& My Stamp. The official unveiling was graced by the presence of Mr. YAGI Koji, Consul-General of Japan in Mumbai, Mr. Abhijeet Bansode, Director - Postal Services (HQ) Maharashtra Circle, alongside Mr. Shantanu Mitra, CEO & MD of SMFG India Credit.

The launch of the 1000th branch is a testament to SMFG India Credit’s strategic vision of deepening its presence within the large and diverse Indian market. Since its inception in 2007, the company has consistently pursued growth, evolving into a Pan-India institution that now operates in over 670 towns and 70,000+ villages, supported by a workforce exceeding 23,000 employees.

Over the past two years, SMFG India Credit has added approximately 300 new branches, with a significant 95% of these branches established in Tier-2+ cities and semi-rural areas. This expansion aligns with the company’s mission to extend formal credit access to diverse populations across India, empowering them to achieve financial independence.

Reflecting on this momentous occasion, Mr. Shantanu Mitra, CEO & MD of SMFG India Credit, stated, “The inauguration of our 1000th branch is a significant milestone that demonstrates our deep commitment to providing formal credit access to people across India and helping them achieve financial independence. As we celebrate this achievement, we are proud to release a Special Cover with My Stamp in association with Department of Post, symbolising the significance of the growth achieved by the company so far and the contributions to India’s financial services sector. Our journey has been one of continuous evolution, adapting to the changing needs of our customers while staying true to our mission of enabling access to financial services to all and achieving fulfilled growth”

This milestone not only highlights the success of the company’s growth strategy but also reaffirms its role as a vital contributor to India’s financial services sector. With the inauguration of the 1000th branch, SMFG India Credit sets the stage for further achievements in its pursuit of becoming the financial partner of choice for every Indian.

About SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)

SMICC is registered as an NBFC - Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India and is a wholly owned subsidiary of SMFG. SMICC started its India operations in 2007 and has established a pan India presence, across 670+ towns and 70,000+ villages through 820+ branches and 20,000+ employees offering lending products to underserved & unserved retail and small business borrowers. By doing so, it has introduced people to formal credit. SMICC’s primary services constitute financing of SME for working capital and growth, loans for commercial vehicles and two-wheelers, home improvement loans, loans against property, loans against shares, personal loans, loans for rural livelihood advancement and financing of various rural micro enterprises.

About SMFG India Home Finance Co. Ltd. (Formerly Fullerton India Home Finance Co. Ltd.)

SMFG Grihashakti is a wholly owned subsidiary of SMFG India Credit. SMFG Grihashakti offers housing loans to salaried and self-employed individuals along with finance to mid-tier developers. Launched in December 2015 and with its corporate office in Mumbai, SMFG Grihashakti caters to housing finance needs in the affordable housing spaces across India, operating in 175+ locations with over 3000+ employees, having served over 56,000+ customers till date.

About Sumitomo Mitsui Financial Group (SMFG)

SMFG is one of the largest global banking and financial service groups, offering a diverse range of financial services including commercial banking, leasing, securities and consumer finance and is headquartered in Japan. SMFG is listed on the Tokyo and New York (via ADR) Stock Exchanges and has a market capitalization of approximately US$77.5 billion (as of 29th March 2024). SMFG is one of the global systemically important banks (G-SIBs) and has high credit ratings of A1 by Moody’s Investors Service and A- by Standard & Poor’s.

Thursday, September 5, 2024

Centuary Mattresses Unveils State-Of-The-Art Experience Store In Bengaluru


Centuary Mattresses, India’s Sleep Specialist, with a legacy spanning over 35 years, proudly announces the grand opening of its Centuary Mattresses Experience Store Koramangala, Bengaluru. Mr. Uttam Malani, Director of Centuary Fibre Plates Pvt. Ltd along with a few esteemed guests inaugurated the new store.

This new store, located at Home Hues 617, 80 feet road, promises to provide customers with an enhanced shopping experience, showcasing Centuary Mattresses’ extensive range of high-quality products designed to improve sleep and well-being. This new exclusive retail destination represents a significant milestone in Centuary Mattress's mission to transform the way consumers experience and select their sleep solutions. The Centuary Experience Store will offer a unique opportunity for customers to explore and test a variety of mattresses, experience the latest in sleep technology, and receive personalized assistance.

“We are excited to bring our innovative sleep solutions to the vibrant community of Bangalore,” said Mr. Uttam Malani. “Our new store at Koramangala is meticulously designed as a one-of-a-kind experience centre for sleep enthusiasts and comfort seekers to redefine how customers experience and choose their sleep solutions. Our unwavering commitment to quality, innovation, and unparalleled comfort has been the cornerstone of our brand. With the launch of this store, we're not just providing products; we're crafting an immersive journey aimed at elevating the lives of our cherished customers This new space promises to revolutionize the mattress shopping experience, offering a distinctive fusion of state-of-the-art technology, expert guidance will provide a comprehensive experience, allowing customers to find the perfect mattress tailored to their individual needs” added Mr. Uttam Malani.

A diverse range of needs and budgets will be catered at the new experience store which offers an extensive selection of mattresses and pillows. Their product range incorporates sophisticated features, including innovative CU Sense technology that maintains a cool and comfortable body temperature. The new store will have an extensive array of sleep accessories, from neck pillows tailored for customers to a variety of pillows precisely crafted to complement their mattresses. Centuary mattresses come with Centuary Protect promise and hold CertiPUR-US certification, assuring customers of the absence of harmful chemicals in the manufacturing process. The brand’s premium mattresses incorporate high-density memory foam and advanced coil systems, offering the epitome of luxury and support.

Centuary Mattress boasts a strong presence among multi-brand dealers from approximately 150 outlets and 110 exclusive brand stores in Karnataka and 4500+ outlets and 450+ exclusive brand stores across India. The brand envisions increasing its presence to at least 100 exclusive experience stores by 2025.

About Centuary:

With a legacy spanning over 3 decades, Centuary Mattress, popularly known as India’s Sleep Specialist, is India’s fastest-growing mattress brand and the veritable pioneer of the comfort & bedding industry in India. With its roots in Hyderabad; Centuary brand has constantly innovated and established itself as a front-runner in the mattress space while exponentially expanding its product range and geographical footprint. Today, the brand offers a comprehensive range of sleep solutions such as spring mattresses, foam mattresses, coir mattresses, memory foam mattresses and orthopaedic mattresses. 

Centuary has a separate product range for the online customers under the brand name ‘Sleepables by Centuary’. Apart from this, understanding that the needs of a growing baby’s body are different from adults, Centuary launched a special baby mattress collection under the brand name Beddy by Centuary. Centuary Mattresses is the first ISO-certified mattress brand in India. Centuary Mattress, has secured the CertiPUR-US certification for developing high-quality products and complying with the global agency CertiPUR-US’s quality standards and environmental norms.

The company has become one of the few Indian brands to get the CertiPUR-US certification. Shree Malani foams, (part of the Centuary group) is also one of the largest exporters of Mattresses and is recognized as a Star Export House by the Ministry of commerce and industry. The company has pioneered many innovative technologies in the country such as Copper Gel; Micro Springs; and more recently Centuary Protect – an Anti-Microbial shield on all its mattresses (which is recommended by the National Health Academy). 

Centuary Mattresses has established a strong presence in the country across 18 states with 4500+ dealers and 450+ exclusive brand stores. It has manufacturing plants located in Hyderabad and Bhubaneshwar, company-operated sales depots in Pune, Bangalore, Warangal, Vizag, Vijayawada, Kurnool, Sambalpur and sales offices across South, East, and West India.

Kasturba Medical College And Kasturba Hospital, Manipal Awarded Prestigious National Neonatology Forum Level 3B Accreditation


Kasturba Medical College (KMC) and Kasturba Hospital, Manipal, have been awarded the prestigious Level III-B accreditation by the National Neonatology Forum (NNF) for its Neonatal Intensive Care Unit (NICU). This is the highest level of accreditation granted to NICUs in India, recognizing excellence in care for critically ill and premature infants. The award highlights the hospital’s commitment to providing world-class neonatal care, placing it among an elite group of only 15 hospitals across India with this distinction.

The Level III-B accreditation is granted after a rigorous evaluation process, which inspects a facility’s infrastructure, manpower, equipment, and clinical protocols to ensure the highest standards of care are consistently maintained. This recognition signifies that Kasturba Hospital’s NICU meets the stringent requirements necessary to provide exceptional care for newborns, particularly those born prematurely or with critical health conditions. Out of the nearly 250 accredited NICUs across India, only 15 have achieved this esteemed Level III-B status. Kasturba Hospital’s NICU is the first teaching medical college hospital in Karnataka to receive this honor and only the second unit in the state to attain such a high level of recognition.

Kasturba Hospital’s NICU has a 42-bed capacity and is equipped with the latest technology to provide advanced care for sick and premature newborns, including those born as early as 24 weeks gestation and weighing as little as 500 grams. The NICU team, led by Dr. (Surg VAdm Retd) Sheila S Mathai, is comprised of six neonatal consultants and 55 specially trained nurses, all dedicated to delivering the highest quality of care. The hospital’s NICU also boasts outstanding clinical outcomes for premature and critically ill infants, reinforcing its position as a center of excellence in neonatal care.

Kasturba Hospital is also home to the Manipal Matri Amrit Milk Bank, the first human milk bank in Udupi District, which further supports the care and nutritional needs of vulnerable newborns. Additionally, the Department of Neonatology at Kasturba Hospital is approved by the National Medical Council to conduct a DM Neonatology program, offering three seats annually. This program plays a vital role in advancing neonatal healthcare education and training, contributing to the development of future neonatologists.

The NICU at Kasturba Hospital is supported by a comprehensive range of specialized departments, including Obstetrics and Gynecology, Pediatric Surgery, Fetal Medicine, Cardiac Surgery, Pediatric Cardiology, and more. The hospital’s commitment to providing multidisciplinary care ensures that neonates with complex conditions receive holistic treatment tailored to their specific needs. In addition, the hospital operates a *High-Risk Neurodevelopmental Follow-up Clinic*, designed to provide ongoing support to babies who have had prolonged stays in the NICU, ensuring the best possible neurodevelopmental outcomes.

At the ceremony marking the official handing over of the accreditation certificate, Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor of Manipal Academy of Higher Education (MAHE), expressed his pride in the hospital’s accomplishment. “This accreditation is a testament to our unwavering commitment to providing the highest quality of care to our youngest patients. Kasturba Hospital is the first teaching hospital in Karnataka to receive this recognition, joining an elite group of only 15 hospitals across India. This honor not only highlights our hospital’s dedication to excellence but also reinforces MAHE’s standing as a leader in medical education and healthcare. It underscores the dedication and hard work of our medical staff, who continue to set new benchmarks in neonatal care.”

Dr. Sharath Rao, Pro Vice Chancellor – Health Sciences, echoed these sentiments, emphasizing the importance of continuous improvement and innovation in healthcare. “Achieving Level III-B accreditation is not just a recognition but also a responsibility. It inspires us to further enhance our services and ensure that our neonatal care remains at the forefront of medical excellence.”

Dr. Padmaraj Hegde, Dean of KMC Manipal, highlighted the collaborative efforts that led to this recognition. “This achievement is a result of the collaborative efforts of our dedicated team of doctors, nurses, and support staff. Their relentless pursuit of excellence has made this possible, and we are incredibly proud of their accomplishments.”

Dr. Sheila Samanta Mathai, Professor and Head of the Department of Neonatology, who has been instrumental in leading the department to this milestone, expressed her gratitude. “I am deeply honored by this recognition from the National Neonatology Forum. It reflects the high standards we maintain in our neonatal unit and motivates us to continue delivering the best possible care to our patients.”

The formal handing over ceremony took place today at the MAHE building, with several distinguished guests in attendance. The event was graced by Lt. Gen. (Dr.) M. D. Venkatesh, Vice Chancellor of MAHE, Dr. Sharath Rao, Pro Vice Chancellor – Health Sciences, Dr. Padmaraj Hegde, Dean of Kasturba Medical College (KMC) Manipal, and Dr. Avinash Shetty, Medical Superintendent of Kasturba Hospital, Manipal. Dr. Sheila Samanta Mathai, Professor & Head of the Department of Neonatology, along with Dr. Leslie Edward S Lewis, Dr Suneel Mundkar and Dr Brayal D'souza Quality Management Representatives of Kasturba Hospital were also present. 

Boardroom To After-Hours – The Diamond Power Play For Working Women


Transitioning between power to play, boardroom to casual is an art worth mastering. Today’s professional women look to blend their authority with style, leveraging the timeless allure of diamonds. They are more than just accessories, for closing deals or making lasting impressions natural diamonds are a statement of strength, confidence and individuality.

Natural diamonds carry a timeless appeal complementing the milestones women have achieved in their professional journey. The meticulously crafted design exemplifies sophistication paying tribute to women's strength and achievements.

Here’s a guide to mark your presence through well-chosen accessories showcasing your personality:

Pendants & Necklaces

A well-chosen elegant pendant and necklace enhance your presence without overpowering your appearance. They also offer versatility, effortlessly transitioning from formal meetings to less structured interactions, ensuring that a professional woman remains stylish and put-together throughout her day.

Forevermark Avaanti Station Necklace and, Forevermark Icon Collection Pavé and Baguette Pendant

Earrings

Elegant earrings add a touch of sophistication and polish to any outfit. They can complement a tailored suit or blouse without overpowering the look, allowing women to express their personal style while maintaining a professional demeanor. 

Forevermark Icon™ Collection Halo Stud Earrings and Forevermark Elements Collection Ear Studs

Bracelets

Diamond bracelets offer a refined way to express personal style, whether worn solo for a subtle touch of class during meetings or stacked for a more dazzling presence at after-hours events. It serves as a versatile accessory that complements a variety of styles, the right bracelet can act as a conversation starter or a symbol of personal achievement.

Forevermark Icon™ Collection Chain Bracelet and Forevermark Icon™ Collection Bypass Enamel Bangle

These timeless pieces embody the balance of strength and grace, allowing women to transition effortlessly from the boardroom to after-hours events. As symbols of enduring power and sophistication, they serve as the perfect companions in every setting, helping to reinforce a woman's presence and confidence.

Explore the timeless beauty of our collections. Visit the brand's official website or find the nearest De Beers Forevermark store to shop for these exquisite pieces. 

For more information, visit Forevermark.com

Samsung Launches 2024 Crystal 4K Dynamic TV With 4K Upscaling, AirSlim Design And Knox Security In India


* The Crystal 4K Dynamic TV features advanced phosphor technology enabling customers to witness one billion shades of colour

* The 2024 Crystal 4K Dynamic TV provides advanced technology like 4K Upscaling, Dynamic Crystal Colour, Air Slim Design, Multi Voice Assistant, Q-Symphony, Crystal Processor 4K, Knox Security

Samsung, India’s largest consumer electronics brand, today introduced the Crystal 4K Dynamic TV at a starting price of INR 41990. The premium television series elevates viewers experience by several notches, allowing them to witness the new era of home entertainment.

The 2024 Crystal 4K Dynamic TV comes with advanced technology including 4K Upscaling, Air Slim Design, Dynamic Crystal Colour, Multi Voice Assistant, Q-Symphony, and Crystal Processor 4K amongst other features to deliver lifelike visuals. The new 2024 Crystal 4K Dynamic TV  is powered by Crystal Processor 4K and the masterful 4K upscaling feature that elevates the picture quality to match up to near 4K display brilliance. Its Dynamic Crystal Colour technology delivers lifelike variations of colours, enabling consumers to see the subtle details of each shade. The HDR feature increases the range of light levels of the content being viewed, while the Contrast Enhancer feature ensures that it appears more natural and is incredibly detailed with layered contrast. The TV’s built-in Multi Voice Assistant allows consumers to enjoy a connected home experience by using either Bixby or Amazon Alexa.

“Young consumers today want a superlative audio-visual experience whether it is sports, OTT or other forms of home entertainment. The new Crystal 4K TV series sets a benchmark for contemporary households by providing a superlative TV viewing experience, further enhancing the proposition of smart and connected living. The Crystal 4K TV series, with its 4K upscaling capability, enhances content in standard resolution to match the stunning clarity of 4K displays, delivering lifelike picture quality while providing immersive sound capabilities with Q-Symphony and OTS Lite. Furthermore, the TV comes with Knox security which enables complete protection of users’ information,” said Viplesh Dang, Senior Director, Visual Display Business, Samsung India.

Additionally, with a mind-blowing sleek profile made possible with AirSlim Design, the 2024 Crystal 4K Dynamic TV is an ambient entertainment portal that comes with a Samsung TV Plus service comprising free endless content with 300+ channels in India.

Enhanced by OTS Lite, this TV series lets consumers feel the on-screen motion as if it is real. The elevated Adaptive Sound technology analyses all content scene-by-scene in real time, making it more dynamic and amplifying the intended effects. The Crystal 4K Dynamic TV also features the Q-symphony which uniquely allows the television and soundbar speakers to operate simultaneously for better surround effects without muting TV speakers.

Delivering a truly unparalleled immersive content viewing experience, the Crystal 4K Dynamic TV is equipped with multiple innovative audio technologies.

4K Upscaling

The 2024 Crystal 4K Dynamic TV features powerful 4K Upscaling technology, allowing viewers to enjoy their favorite content with enhanced detail and vibrant colour, even if the original content is of a lower resolution. This technology upscales the picture quality to closely match up to the 4K resolution, providing a more immersive viewing experience.

Dynamic Crystal Colour

Samsung’s Dynamic Crystal Colour technology offers a vivid and lifelike picture with a wider range of one billion shades of colours. This feature enhances the visual experience by taking it to the next level with advanced phosphor technology, delivering more accurate and richer colours that make every scene more realistic and engaging.

Samsung TV Plus

Samsung TV Plus offers free live TV and on-demand content, providing a wide range of entertainment options without any additional cost of subscriptions, or the hassle of setting up apps, cables or set-up boxes. With over 100 channels available, consumers can enjoy diverse programming from news to sports to movies and more.

Air Slim Design

The Crystal 4K Dynamic TV boasts an Air Slim design, featuring a sleek and slim profile that blends harmoniously and seamlessly with any room decor. This minimalist aesthetic enhances the modern look of any living space while delivering a superior viewing experience.

Knox Security

Knox securely provides cross-cutting protection to user data and services from Samsung’s Smart TV devices to online platforms and services. Now users can indulge in a secure and optimized TV experience.

SolarCell Remote

The SolarCell Remote is an eco-friendly innovation that is made with recycled material and charges using sunlight or indoor light, eliminating the need for disposable batteries. This sustainable approach reduces environmental impact while providing a convenient and reliable remote-control experience.

Multi Voice Assistant

With built-in support for Bixby and Amazon Alexa, the Multi Voice Assistant feature allows users to effortlessly control their TV and other smart home devices using voice commands. This functionality enhances convenience and offers a connected-home, hands-free experience.

Crystal Processor 4K

Equipped with the Crystal Processor 4K, the new TV provides enhanced picture quality with precise colour mapping. This powerful processor ensures that every shade of colour is displayed as intended, offering a lifelike 4K resolution for all content.

Contrast Enhancer

The Contrast Enhancer feature automatically adjusts the contrast settings across different parts of the screen, ensuring a more dynamic picture. By enhancing the depth and colour contrast, this feature delivers a more lifelike and three-dimensional viewing experience.

HDR (High Dynamic Range)

The Crystal 4K Dynamic TV also offers HDR technology that elevates the on-screen picture with rich darks and bright lights. Allowing viewers to see more visual detail in both dingy and over-exposed scenes, this feature brings out true-to-life colours and textures, making every frame more vivid and immersive.

Q-Symphony

The intelligent feature of Q-Symphony enables the TV’s built-in speakers and a connected soundbar to work together simultaneously, creating a richer and perfectly orchestrated surround sound experience. This feature ensures that viewers enjoy dynamic audio that complements the high-quality visuals, without muting the TV speakers.

OTS Lite

Object Tracking Sound Lite (OTS Lite) technology delivers a dynamic 3D sound experience by tracking the movement of on-screen elements and producing sound from the corresponding locations using multi-channel speakers. This feature enhances the audio quality of movies and shows, making the audio experience as captivating as the visual.

Adaptive Sound

The Adaptive Sound feature optimizes the audio output based on real-time scene analysis, providing the best sound experience for every type of content. This technology dynamically adjusts the sound settings to match the scene, enhancing the overall impact of the audio.

Pricing & Availability

The latest Crystal 4K Dynamic TV is available in 43-inch and 55-inch screen sizes at a starting price of INR 41990.

The Crystal 4K Dynamic TV is available on Samsung’s official online store Samsung.com & exclusively on Amazon.in

Meta Partners With Government Of Telangana To Enhance e-Governance And Citizen Services Using AI Technologies


Advancing ongoing efforts to foster innovation in the field of Artificial Intelligence (AI), Meta today announced a two-year partnership with the Department of Information Technology, Electronics and Communications (IT, E&C), Government of Telangana. The strategic partnership will empower public officials and citizens with the latest emerging technologies like AI to enhance e-governance and citizen services.

Meta will collaborate with the Government of Telangana to enable deployment of e-governance solutions leveraging Meta’s open-source Generative AI technologies including the latest Llama 3.1 model. This will be geared towards transforming various aspects of public service delivery and e-governance, along with enhancing efficiency and productivity of government departments and agencies through the use of Gen AI.

Shivnath Thukral, Vice President and Head of Public Policy, Meta India said, “At Meta, we're committed to harnessing Generative AI's power for global good, ensuring equitable access to its benefits. By sharing openly available AI models, we're driving innovation and democratizing access. This mission converges with our dedication to e-governance, leveraging digital technologies to enhance government services, transparency, and citizen engagement in the state of Telangana. Together, AI and e-governance will foster a more efficient, accountable, and inclusive future, where technology empowers citizens and governments alike.”

This strategic partnership is aligned with Meta's open approach to AI innovation and Telangana's digital leadership, aiming to harness the potential of AI to drive social and economic opportunities in the state, while addressing unique local needs, and paving the way for groundbreaking solutions.

Meta’s leading open-source Llama ecosystem is growing rapidly. Llama models are approaching 350 million downloads to date, which is more than 10x downloads from last year. There’s a vibrant community of developers fine-tuning Llama for their own use cases in India and globally. This includes the likes of large enterprises like AT&T, DoorDash, Goldman Sachs, Nomura, Shopify, Spotify and Zoom, besides Infosys and KPMG using Llama internally. Open source AI enables customization and fine-tuning for specific domains, ensuring sensitive information remains confidential and secure.

About Meta:

Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

MediJourn Marks Its 5th Anniversary With Rapid Network Expansion, Global Presence And Reaches Major Customer Milestone


• Expands Services to United Kingdom, Indonesia

• Adds Samitivej Hospital, Thailand & Apollo Ayurvaid to its List of Globally Renowned Hospital Partners among a Second Medical Opinion Service from Europe

MediJourn, a pioneering force in the medical value travel industry, has set ambitious growth targets to solidify its position as a global leader. By 2030, the company aims to serve 500,000 patients, expand its global footprint to 50+ countries and 25+ hospital chains.

With a proven track record of processing over 150,000 queries, MediJourn has rapidly emerged as one of the top 5 fastest-growing medical value travel companies worldwide. Currently, the company operates in 27+ countries through partnerships. Founded in 2019 by entrepreneurs Ishaan Dodhiwala and Shaaz Mehmood, MediJourn has achieved significant growth and profitability through its innovative approach to medical travel.

Ishaan Dodhiwala, Co-founder of MediJourn, expressed his excitement about the company's milestones: "Our commitment extends beyond borders as we strive to redefine the medical travel experience. By leveraging technology, collaborating with expert doctors at renowned hospitals, providing compassionate care, and adhering to the highest standards of excellence, we aim to revolutionize accessible healthcare worldwide."

MediJourn's success is attributed to its structured approach to the rapidly growing medical travel segment, fostering trust among customers and healthcare providers. The company's focus on enabling hassle-free access to top-notch healthcare delivery for global customers has strengthened its position as a reliable medical value travel partner.

The recent launch of full-fledged United Kingdom & Indonesian operations has expanded MediJourn's global presence, allowing for deeper market penetration and network development. Additionally, the company plans to establish 20+ clinics and referral centres by 2030.

MediJourn has already forged partnerships with renowned hospital such as Samitivej Hospitals, a leading name in Thailand, in providing speciality treatments such as – BMT, Colorectal Cancer, Knee Replacement Surgery, Coronary Artery Bypass Grafting (CABG), Craniotomy (Brain Surgery), Pediatric Liver Transplantation. It has also started a second medical opinion service from doctors from Europe. It is also delved into traditional medicine and partnered with Apollo Ayurvaid, 6+ branches. These strategic alliances solidify MediJourn's position in the South Asian market, a region with significant growth potential.

MediJourn's success is driven by its customer-centric approach, innovative processes, and simplified access to healthcare. The company's streamlined medical travel experience, from initial consultation to post-treatment follow-ups, ensures patient satisfaction and loyalty. By continuously enhancing its services and expanding its network, MediJourn aims to be at the forefront of the industry in terms of patient satisfaction, healthcare quality, and global reach.

Since its inception, MediJourn has played a pivotal role in organizing the medical value travel industry in India, transforming how patients access healthcare services across borders. The company's commitment to providing a seamless, transparent, and trustworthy experience has made healthcare more accessible and efficient for thousands of patients.

MediJourn's comprehensive service model includes personalized care plans, logistical support, and direct access to leading healthcare providers, ensuring that every patient's journey is managed with the utmost care and professionalism.

The company's ongoing expansion efforts are focused on building a robust network of partnerships with hospitals and healthcare providers worldwide. By increasing its reach and capabilities, MediJourn is enhancing its ability to offer specialized and high-quality medical treatments to a broader range of patients. These strengthened relationships not only improve patient care but also solidify MediJourn's reputation as a trusted facilitator of international healthcare.

FADA Releases Aug'24 Vehicle Retail Data For The State Of Karnataka


The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Aug'24 for the State of Karnataka.

Aug'24 Retails

Commenting on how Aug'24 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The sales for the month of August 24 has seen a positive trend YOY. However, this was on the back of reduced foot falls due to heavy rains in several pockets of the state. The higher inventory levels are a cause of concern for the dealer fraternity across the different categories. The dealers are hoping for a strong beginning to the festive season which might help reducing the inventory to a healthy level.”

Indian Immunologicals Limited Unveils Pediatric Dose Of Indigenous Hepatitis A Vaccine, Havisure, On Teachers' Day


On the auspicious occasion of Teachers' Day, Indian Immunologicals Limited (IIL) proudly announced the launch of its latest breakthrough: the pediatric dose of India's first indigenous Hepatitis A vaccine, Havisure (0.5 ml).

This launch marks a significant milestone in IIL's ongoing commitment to providing affordable and effective vaccines for all, especially for the most vulnerable sections of society, particularly children.

Hepatitis A is a highly contagious liver infection caused by the Hepatitis A virus, which predominantly affects children and can lead to severe health complications. Vaccination is the most cost effective yet efficient method to prevent the disease.

Addressing on the occasion, Dr. K. Anand Kumar, Managing Director of Indian Immunologicals Limited, said, "We are delighted to introduce the pediatric dose of Havisure, the first indigenously developed Hepatitis A vaccine in India. IIL is the single largest contributor to the self-sufficiency of vaccines in the country, this launch is a testament to IIL's unwavering dedication to innovation and public health. As we celebrate Teachers' Day, we are reminded of shaping a brighter future for children. We are confident that this vaccine will contribute to a brighter and healthier future for our younger generation. IIL’s endeavor to make indigenous vaccines will give necessary impetus to “Make in India” efforts.”

In line with its commitment to public health and social responsibility, IIL marked this significant launch with a series of community-focused activities. IIL organized free Hepatitis A vaccination drives for children in two orphanages in Hyderabad to start with, which includes one specifically for blind children. IIL also conducted a health awareness session at an old age home, and these are continuous efforts towards creating awareness and better health for the community at large.

The launch of Havisure reinforces IIL's long-standing commitment to innovation and public health, solidifying its position as the only company in India to develop an indigenous Hepatitis A vaccine, available in both 0.5 ml and 1 ml dosage forms for pediatric and adult use, respectively.

byteXL Partners With Microsoft To Launch B. Tech In Computer Science - AI And Machine Learning Apecialization at Universities


* B. Tech CSE specialization in AIML designed to help students become industry leaders

* Tech giant Microsoft to act as knowledge partner

* Guaranteed placement and paid internship opportunities offered as part of this partnership.

byteXL, a leading EdTech platform in India dedicated to revolutionizing engineering education and IT skilling has partnered with Microsoft for the launch of B.Tech in Computer Science - Artificial Intelligence and Machine Learning specialization at ten premier Universities across India that include Lovely Professional University, Parul University, Chandigarh University, GLA University and Rayat Bahra University.

In this strategic partnership with the universities, byteXL will be acting as an executing agency for the program and will be deploying Microsoft-Certified trainers to deliver the syllabus at the campus. During the course period, students will work on the latest tools and technologies in Artificial Intelligence and Machine Learning and will receive Microsoft certificates as a part of their regular syllabus. Tech giant Microsoft is the knowledge partner for this specialization and apart from Microsoft certifications, students will receive a paid internship during the course period and guaranteed placements with above the average industry placement offers.  

Speaking about these partnerships with the Universities, Mr. Karun Tadepalli, CEO and Co-Founder, byteXL said, “Introduction of Artificial Intelligence and Machine Learning not only make the engineering students industry ready but also help them compete for global opportunities. During this specialization course of four years in AI and ML, we will ensure that the students are exposed to the latest trends and technologies that are shaping the future of global technologies. This course will help in reducing the gap between engineering education and industry requirement and make the students industry leaders.”

Speaking on this occasion Mr. Sami Anand, Associate Dean and Head of Department Training and Placement, CSE and IT, Lovely Professional University said, "We are thrilled to partner with Microsoft and byteXL in this transformative initiative to advance education in Artificial Intelligence and Machine Learning. This partnership is committed to empower students with cutting-edge skills and industry-relevant certifications, ensuring that they are well-prepared for the evolving demands of the tech industry."

Adding to the partnership Mr. Santosh Nair, Sr. Director, Parul University has expressed his views; "Our collaboration with Microsoft and byteXL marks a significant milestone in our mission to revolutionize engineering education and IT skilling in India. By combining byteXL's educational expertise with Microsoft's technology leadership, we aim to provide students with unparalleled opportunities for learning and career advancement in Artificial Intelligence and Machine Learning."

Capri Loans Unveils “Data Genie AI To Revolutionize Data Management And Drive Real-Time Insights”


* Leveraging AI to Enhance Data Management and Accelerate Customer-Centric Decisions

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, proudly announces the launch of “Data Genie”, an AI-powered tool that promises to transform data management across the organization. This innovative technology is designed to simplify complex data operations, streamline decision-making processes, and enhance operational efficiency, reinforcing Capri Loans' dedication to delivering superior customer experiences through cutting-edge solutions.

Developed in-house, Data Genie empowers users to ask any data-related question via a user-friendly search interface, generating actionable insights in real-time. The AI-driven tool automatically writes and executes code in seconds, transforming raw data into visually rich reports and dashboards. This significantly reduces the time needed for data interpretation and fastens the decision-making process across departments.

Data Genie enables faster, more accurate insights, paving the way for quicker, data-driven decisions. By automating data retrieval and minimizing paperwork, it simplifies processes, ensuring a seamless experience.

Speaking on the launch, Ms. Divya, Director of Strategy at Capri Loans, commented: "We are thrilled to introduce Data Genie, an entirely in-house development that underscores our commitment to innovation. This is a pivotal step in our long-term strategy to integrate advanced technology and improve operations through proprietary solutions tailored to our needs. By investing in top-tier talent and prioritizing innovation, we aim to enhance customer experience and drive superior service for our clients."

In today’s fast-paced, data-centric environment, rapid access to accurate insights is paramount. Data Genie not only enhances Capri Loans’ internal operations but also reinforces the company’s mission to provide state-of-the-art solutions that meet the evolving demands of its customers.

The Federation of Automobile Dealers Associations (FADA) Released Vehicle Retail Data For Aug'24


The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Aug'24.

Aug’24 Retails

FADA President, Mr. Manish Raj Singhania, commented on the auto retail performance for August 2024, stating, “In August, India witnessed 15.9% excess rainfall across the country, with northwest India seeing a surplus of 31.4%, 7.2% in the east and northeast, 17.2% in central India and a minor deficiency of 1.3% in the peninsular region. This monsoon season brought unpredictable weather, starting with extreme heat waves which delayed monsoon and transitioned into heavy rainfall, leading to flood-like conditions in several areas.

These weather anomalies have had a direct impact on India's auto retail market, which registered a modest YoY growth of just 2.88% in August. While the two-wheeler (2W) and three-wheeler (3W) segments managed to post growth at 6.28% and 1.63%, respectively, other categories faced significant setbacks. Passenger vehicle (PV) sales declined by 4.53%, tractor sales dropped by 11.39% and commercial vehicles (CV) saw a 6.05% drop, underscoring the challenges the industry is grappling with, due to these volatile conditions.

The 2W market saw a MoM decline of 7.29%, largely due to excessive rains and flooding, which disrupted demand across various regions. Many customers postponed their purchases, anticipating new product launches, while others deferred due to market saturation and changing preferences. Limited marketing efforts from OEMs and subdued market sentiment further impacted sales. Despite these headwinds, the 2W segment grew by 6.28% YoY, thanks to improved stock availability and the onset of the festive season. Our retail strength index also indicates that rural sentiments remained strong on a YoY basis.

FADA is raising SOS signals as PV sales fell by 3.46% MoM and 4.53% YoY. Even with the arrival of the festive season, the market remains under significant strain due to delayed customer purchases, poor consumer sentiment and persistent heavy rains. Inventory levels have reached alarming levels, with stock days now stretching to 70-75 days and inventory totalling 7.8 lakh vehicles, valued at an alarming Rs.77,800 crore. Rather than responding to the situation, PV OEMs continue to increase dispatches to dealers on a MoM basis, further exacerbating the issue.

FADA urgently calls upon all Banks and NBFCs to intervene and immediately control funding to dealers with excessive inventory. Dealers must also act swiftly to stop taking on additional stock to protect their financial health. OEMs, too, must recalibrate their supply strategies without delay, or the industry faces a potential crisis from this inventory overload. If this aggressive push of excess stock continues unchecked, the auto retail ecosystem could face severe disruption.

Commercial vehicle sales experienced a sharp drop, with an 8.5% MoM decline and a 6.05% YoY fall. Members have pointed to key challenges, such as heavy rains, floods and landslides, which have severely impacted market activity. Additionally, reduced construction activity and sluggish demand in industrial sectors have further strained sales. The CV segment continues to struggle, facing pressure from steep discounting by competitors, which has only intensified the decline. Weak sentiment, coupled with inventory and cash flow challenges, continues to affect the industry overall.”

Near-Term Outlook

As we approach the festive season, there are several challenges that could impact auto sales in the near term. India experienced 16% above-normal rainfall in August, with additional rainfall forecasted for September, according to the IMD. This excessive rainfall poses a significant risk to crops nearing harvest, particularly those planted in late June with a 75 to 90 days maturity cycle. Continued heavy rains could negatively affect rural sales, as reduced agricultural output may lead to diminished purchasing power.

Additionally, the Shraddh period in September, regarded as an inauspicious time for purchases, is expected to pause sales for some time. In the CV segment, sluggish construction activity, liquidity issues and weather-related disruptions are likely to suppress demand further. Aggressive discounting practices continue to pressure dealers, leading to reduced profitability and a generally cautious market sentiment.

On the positive side, the upcoming festivals, such as Ganesh Chaturthi, Onam and Navratri, are expected to boost consumer sentiment, especially in urban areas. Moreover, favourable rainfall in certain regions has improved agricultural prospects, which could enhance purchasing power in rural areas as the monsoon subsides. In the CV segment, increasing demand for iron ore, steel transport, and tippers offers a potential lift, supported by new model launches and marketing efforts from OEMs.

Given these factors, FADA remains cautiously optimistic about the near-term outlook. While the festive season and improved rural demand present promising opportunities for growth, ongoing weather uncertainties and high inventory levels may temper the overall recovery. To navigate these challenges, strategic inventory management and targeted marketing initiatives will be crucial in maximizing festive sales and mitigating risks from adverse weather conditions.

Chennai, Ahmedabad, And Kolkata Emerge As Most Affordable Metros For Residential Investments: Magicbricks


The Indian real estate market is currently experiencing a bull run, marked by soaring prices and escalating demand. At the same time, household incomes across the top 10 cities increased at a CAGR of 5.4%, while property prices surged at a CAGR of 9.3% (between 2020-2024). This growing gap in income and property price growth rates has weakened affordability.

Elaborating on the same, Magicbricks’ flagship report “Housing Affordability in Major Indian Cities” revealed that the Property Price to Annual Household Income Ratio (P/I Ratio) in India has increased from 6.6 in 2020 to 7.5 in 2024 (higher than the globally accepted benchmarks of 5). Based on the P/I Ratio, the report observed that Chennai (5), Ahmedabad (5), and Kolkata (5) are among the most affordable cities for residential investments in 2024, while the Mumbai Metropolitan Region (14.3) and Delhi (10.1) emerged as the least affordable.

Explaining the trends, Sudhir Pai, CEO, Magicbricks shared "Between the latter half of 2021 and 2022, residential investments were at their most affordable. During this period, the market was experiencing a resurgence, characterized by low interest rates, recovering household incomes, and modest increase in residential prices. However, homeownership sentiment has since peaked, resulting in demand significantly outpacing available supply, leading to a rapid and substantial surge in residential prices, presenting new challenges for affordable housing."

Furthermore, the report revealed that the EMI-to-monthly income ratio in India has risen from 46% in 2020 to 61% in 2024, indicating a growing burden of EMIs on home buyers and reflecting affordability concerns nationwide, especially metros. The trend is more pronounced in MMR (116%), New Delhi (82%), Gurugram (61%) and Hyderabad (61%). In contrast, cities like Ahmedabad (41%), Chennai (41%) and Kolkata (47%) are relatively more affordable.

The report concluded that the current situation is likely to hit equilibrium conditions with market trends indicating a deceleration in price growth due to an anticipated increase in residential supply.

Affordability indicates the proportion of property price to annual household income. So, if the affordability of a city is 3.7, this means the average property price in the city is 3.7 times the average annual household income.

Magicbricks is India’s No.1 property site

As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has monthly traffic exceeding 2 crores and an active base of over 15 lakh property listings. Magicbricks has metamorphosed into a full stack service provider for all real estate needs, with services including home loans, interiors, and expert advice.

With 17+ years of experience and deep research-based knowledge, Magicbricks also presents a repertoire of insight-driven platforms like MBTV- India’s leading online real estate YouTube channel, and other proprietary tools so that home buyers can access all information related to price trends and forecasts, locality reviews and more.

Jammu Based DeVANS Forays Into Premium Lager Segment, Expands Six Fields Bouquet With Brute And Pilsner


Indian alcobev leader DeVANS has expanded the universe of its Brussels Award winner, Six Fields to foray into the Premium Lager segments. Six Fields has gone bold with its new strong variant Six Fields Brute while its Six Fields Pilsner is the ideal premier lounging partner allowing you to hold on to the good. The Six Fields umbrella presently consists of two Belgian Style Wheat Beers – Six Fields Blanche and Six Fields Cult – based on the world’s oldest brewing recipe while Six Fields Brute and Six Fields Pilsner mark the brand’s debut into the premium lager domain. Taking a boxful of multinational brands in the segment head on, the latest launches by the homegrown alcobev leader cater to the evolving consumer palate and are initially available in Jammu and Kashmir, Ladakh, Delhi, Uttarakhand, Rajasthan and Jharkhand.

Sharing his thoughts on the Six Fields portfolio expansion, DeVANS CMD Mr Prem Dewan said, “As a pioneering partner in the growth journey of the Indian beer market, we truly understand the pulse and demands of the consumer. One of the first homegrown wheat beers with a lineup of accolades and awards, Six Fields is testimony to the innovative streak that DeVANS has instilled in the domestic beer market. We are elated to expand the Six Fields bouquet into the premium strong and lager beer segments, catering to a much wider consumer base. The Six Fields bouquet now has something for every discerning consumer.”

He further said that Six Fields already stands tall as a youthful and exciting brand brewing fresh experiences rather than merely being a run-of-the-mill wheat beer. Six Fields Brute is the first strong lager variant in the iconic range, embodying a robust, full-bodied beer that promises a rare experience for the bold consumers while Six Fields Pilsner is an exceptionally smooth lager with a crisp, clear, golden colour and a refreshing taste. Six Fields Brute symbolises a brave, fearless persona and offers up to 8% ABV. Six Fields Pilsner on the other hand is a light, refreshing beer with up to 5% ABV.

Six Fields Belgian Style Wheat Beers are among the rare beers in India that have won multiple accolades both nationally and internationally. This includes medals at the global Brussels Beer Challenge, Spiritz Selection Awards and many others. Besides Six Fields, DeVANS is also home to award-winning Indian beers such as Godfather and Kotsberg.

With an overall brewing capacity of more than 1,80,600 KL owing to pan-India strategic production tie-ups across regions like Jharkhand, Arunachal Pradesh, Uttar Pradesh, Tamil Nadu etc, DeVANS has emerged as the leading Indian brewer over the past few years competing with international brands in the domestic market. Based out of Jammu, DeVANS is also the country’s oldest manufacturer of premium quality malt spirits and holds a key position in the Indian Single Malt segment with its flagship GianChand Single Malt Whisky that has won multiple awards and rave reviews worldwide from the likes of global whisky guru Jim Murray.

VOX India Unveils Fronto V Black: Revolutionary Façade And Ceiling Panels Redefining Architectural Aesthetics And Durability


* As demand for sustainable building materials grows, Fronto V Black emerges as a game-changing solution, combining aesthetic appeal, durability, and ease of installation

VOX India, a leading interior and exterior building material company, is redefining spaces from floor to ceiling with the launch of its innovative new product, Fronto V Black panels. These panels offer an ingenious solution for façades and ceilings, combining robust features with stunning aesthetics.

As the global demand for sustainable and low-maintenance building materials continues to rise, Fronto V Black emerges as a game-changing solution. The product addresses the growing market need for versatile, durable, and aesthetically pleasing exterior finishes that can withstand diverse environmental conditions while reducing long-term maintenance costs.

Commenting on the launch, Mr. Varun Poddar (Founder at VOX India), stated, "Fronto V Black represents our commitment to innovation in the building materials sector. We've created a product that not only elevates the visual appeal of any structure but also offers unmatched durability and ease of installation. Fronto V Black is set to redefine how architects and builders approach façade and ceiling design; our panels not only enhance the visual appeal of any structure but also ensure long-lasting durability without the need for maintenance."

Key features of Fronto V Black include:

Three-Dimensional Design: Unique profile shape and specially designed joints create an original, three-dimensional panel effect.

Weather-Resistant: Robust panels that withstand changing weather conditions without maintenance.

Authentic Wood Aesthetics: Perfect imitation of wood in both colour and structure, with dark joints for added depth and contrast.

Versatile Installation: Can be installed vertically or horizontally, including use as soffit.

Wide Colour Range: Available in various woodgrain colours to complement diverse facade designs.

Maintenance-Free: Highly resistant to mechanical damage and pests, completely waterproof, and requires no sealing or painting.

Easy Installation: Features the CLICK lock system for secure and rapid façade coverage.

Thermal Efficiency: Provides ideal covering for thermal insulation with proper ventilation.

Hurricane-Proof Lock: Enhances panel adhesion and eliminates wind-induced noise.

Self-Cleaning Structure: Minimizes dirt and dust accumulation for easy maintenance.

Fronto V Black is now available for architects, builders, and homeowners looking to elevate their projects with a cutting-edge, low-maintenance façade solution

About VOX:

VOX is a renowned European brand at the forefront of designing, manufacturing, and distributing furniture, home furnishings, and building materials. Since 1989, the Voelkel family, the driving force behind the brand, has established VOX as a symbol of independence, originality, and creativity in business. With a legacy of over three decades, VOX has now established a presence in India through its association with the former promoters of Ashirvad pipes. Founded in 1975, Ashirvad pipes, renowned as the largest CPVC and column pipe manufacturer globally, concluded its operations in 2018 after being acquired by the Aliaxis group.

Toyota Kirloskar Motor Introduces T CARE: A New Initiative To Elevate Customers’ Ownership Experience


In its constant endeavour to exceed customer expectations by delivering exceptional experiences, Toyota Kirloskar Motor (TKM) today announced the introduction of “T CARE”, an innovative initiative aimed at delivering a holistic ownership experience to their esteemed customers. T CARE integrates a range of supports with value-added proposition under a single brand, ensuring that every engagement with the customer reflects Toyota’s core values of reliability, quality, and exceptional care.

Driven by a customer-centric approach, “T CARE” provides a comprehensive range of services that demonstrates the company’s dedication to enriching customer delight and fostering long-term relationships. Covering everything from presales to aftersales and repurchases, T CARE integrates these offerings under one unified brand that includes, to name a few, 

T DELIVER brings unique last mile logistics of new car delivery via flatbed trucks, ensuring the vehicles reach their final Toyota touch point in brand new condition.

T GLOSS offers end-to-end car detailing services, keeping the customers’ cars in top condition always

T NWEB provides a user-friendly online platform for purchasing Toyota vehicles, providing customer convenience

T ASSIST offers 24/7 roadside assistance for 5 years, ensuring timely support to the customers

T SECURE provides peace of mind with an extended warranty for an additional 2 years

T SMILE offers customizable, hassle free and cost-effective pre-paid maintenance package

T SAATH ensures timely delivery of service parts and reaching closer to customer, thereby providing convenience

T CHOICE provides multiple service parts choice to the valued customer 

T INSPECT provides vehicle inspection services under various used car related activities such as during the sale of used cars, used car financing, break in insurance renewal, etc.

7 SPARSH facilitates as a one-stop solution, focusing on rural areas, that offers expert guidance on vehicle selection, facilitate test drives, and provide comprehensive information about Toyota's diverse range of models

7 SERV provides convenience of multibrand car service network, offering quality affordable services with a focus on customer satisfaction and enhanced vehicle reliability

T CARE focuses on streamlining the customer experiences, ensuring effortless access to top-tier assistance and best support throughout their ownership journey with Toyota.

Commenting on this new initiative, Mr. Sabari Manohar, Vice President of Sales, Service, and Used Car Business at Toyota Kirloskar Motor, stated, “At Toyota, our customers are at the heart of everything we do. Our focus always remains on elevating the customer experience at every touchpoint—before, during, and after the sale. We strive not only to deliver exceptional products and services, but also to foster a deep, lasting connection with our customers throughout their entire ownership experience with Toyota. The newly introduced T CARE initiative incorporates a wide array of offerings such as T DELIVER, T GLOSS, T ASSIST, T SAATH, T SECURE, T CHOICE and more, under a single brand allowing us to deliver seamless and personalized support that addresses the diverse needs of our valued customers across the rural and urban areas.

We believe that T CARE will further strengthen our customer connect and fortify their immense trust placed in us over the years, thereby support Toyota’s purpose of becoming a mobility company. Our aim is to ensure a truly satisfying experience for our discerning customers and continue to be the most trusted partner that caters to their ever-evolving mobility needs.”Notably, TKM currently has 685 customer touch points plus 360 T Sparsh outlets, which cumulatively stands at a total of 1045 touch points across India, ensuring easy accessibility to Toyota’s varied products and services, and thereby making it convenient for their esteemed customers.

A Fully Active India By 2047 Can Boost GDP By Over INR 15 Trillion Annually: Dalberg Report On Sports And Physical Activity (SAPA)


* This report outlines current levels of engagement in sports and physical activity in India, pointing to a wide gap especially among urban women and girls. It is based on a survey of 5,000 adults and adolescents across India, as well as group discussions, expert interviews, and resources from organizations active in the ‘sports for development’ sector.

At least 155 million Indian adults and 45 million adolescents today fail to meet the WHO guidelines on physical activity, reveals Dalberg’s State of Sports and Physical Activity (SAPA) report. Developed in partnership with Sports and Society Accelerator with support from Omidyar Network India and the Ajit Isaac Foundation, the report makes an urgent call for greater focus and participation in sports and physical activity, demonstrating its benefits and identifying pathways to overcome challenges along the way.

India is in an alarmingly inactive state

The SAPA report demonstrates that India has a long way to go in becoming an active nation, those who do engage in physical activity are not diverse in their movements—data shows that outside of work and chores, most adults engage only in walking, which is beneficial but not enough on its own. Only 10% of adults in the country even play sports; the number who play regularly is likely to be even lower. While more adolescents (66%) engage in sports regularly, there is limited diversity in their choice of sport—half of the boys play cricket, with representation in other sports being much lower.

The gender-divide in how Indians engage in SAPA is stark – on average, girls and women spend 5-7 fewer hours in SAPA (about 20% less) per week than boys and men. This gap worsens as we move into urban areas where girls are at the highest risk. At least a third of them do not meet the WHO guidelines for physical activity.

Urban women are especially affected by inactivity

Urban women spend 385 fewer active minutes per week than rural women and 249 fewer minutes per week than urban men. A number of factors are responsible for the divide: lack of infrastructure, safety, and access results in 20% fewer women engaging in SAPA in public spaces, and misconceptions like SAPA being dangerous during menstruation and pregnancy further reinforce this gap.

SAPA can contribute tremendously to India’s ambitions towards a Viksit Bharat

If India continues to stay inactive, we’re at risk of increased burden on all fronts. By 2047, an inactive India would face 200 million more adult cases of non-communicable diseases (NCDs), 45 million more obese adolescents, and additional annual healthcare costs of more than INR 55 trillion, compared to today. Moreover, India is currently suffering with low worker productivity – about half the global average, low educational attainment due to health-related absenteeism, as well as low female labor force participation. 

Higher engagement in SAPA has the potential to flip this picture. As per the report, SAPA can significantly benefit individuals, accruing benefits across the population to deliver greater societal and national outcomes. Nations across the world have benefitted from increased investment in SAPA – with China registering 40% fewer in-patient hospitalizations and 30% lower healthcare expenses, and UK creating £72 billion in socio-economic value, among several other examples.

The SAPA report quantifies these outcomes for India, outlining achievable targets that can help the nation in the following ways:

Economic progress: SAPA can increase India’s GDP by over INR 15 trillion annually if the whole population is active by 2047, including the prevention of INR 2.5 trillion (USD 30 billion) in productivity-related losses due to fewer sick days and presenteeism related to illness.

Health and mortality outcomes: By 2047, SAPA can prevent around 110 million adult cases of NCDs, lead to 30,000 fewer suicides, and save approximately INR 30 trillion in healthcare costs by reducing obesity, cardiovascular diseases, and mental health issues.

Bridge the gender divide: By 2047, SAPA can motivate 11 million girls to pick up a sport for the first time, which is linked to improved agency and confidence –potentially creating 600,000 additional women entrepreneurs and leaders. 

Excel as a sporting nation: Through SAPA, we can mobilize INR 4.5 trillion of annual expenditure in the sports industry by 2047.  Increased sporting potential can also strengthen India’s ability to host the Olympics, secure more sporting victories, and expand our global sports footprint.

Getting there: Fostering public-private collaboration and interventions to encourage SAPA

The outlined targets call for strategic interventions across policy, infrastructure and community programs to significantly boost physical activity levels nationwide. The report emphasizes the role of both public and private sector players, providing actionable takeaways for governments, school leaders, city planners, entrepreneurs, and civil society organizations.

Building innovative SAPA-centric infrastructure from weather-proof transit solutions such as covered elevated bike highways to open-air dance floors, stages and music systems in public parks can encourage activity.  

Since schools play a formative role in instilling physical habits, school leaders must design model schools that prioritize activity and provide adequate resources to offer students a diverse range of SAPA, and train and empower PE teachers. Investing in the training and empowerment of physical education teachers and trainers will be the critical baseline of this effort.

Urban planners can map out future public space construction to ensure that everyone has access to a (green) space within 15-minutes from home. 

Enabling community engagement can go a long way, such as organizing city-wide SAPA events, encouraging sports in all sectors of society, and creating opportunities to engage in a wide variety of sports at all levels (from casual to elite) and for all abilities. 

Entrepreneurs have the opportunity to build business models that incentivize, track, and train users to engage in more in SAPA. For instance, they can help develop a national app to track SAPA data that offers personalized challenges and rewards to create a sense of collective progress.

In everything we do, we need a programmatic focus on gender – create gender-inclusive infrastructure and programs, create media campaigns that dispel myths and encourage women to take up SAPA, and develop enthusiasm and skills among girls in school to instill SAPA engagement at the grassroots.

Gaurav Gupta, Global Managing Partner at Dalberg Advisors, says, “If there is one thing we can control, it is how we take care of ourselves. Our physical health and wellbeing impacts our quality of life and our contributions to society. As a nation, we’re far behind from realizing the full potential of our people simply because we aren’t focusing enough on how frequently we move and engage in physical activity – which is why we need to create external motivators, interventions, and greater access to encourage people towards SAPA engagement. At the grassroots, we need better schools, more playgrounds, and a new outlook that prioritizes physical activity as essential, not as optional or extra-curricular.”

Nandan Kamath, Co-Founder, Sports and Society Accelerator, adds, "This report highlights the profound impact that sports and physical activity (SAPA) can have on our nation's well-being, from driving economic growth and livelihoods, to enhancing physical and mental health, and driving several socio-economic indicators. We stand at a crucial juncture to optimize our demographic advantage and be a sports-forward nation. We must seize the opportunity and build a future where SAPA is embedded into the life of every Indian."

About the report:

The State of Sports and Physical Activity report establishes the first-ever granular baseline for India through a survey of 5000 adults and adolescents. It maps physical activity patterns across various demographics including all income segments in both rural and urban settings.

The report also explores the motivations and barriers to SAPA through a survey and 16 focus group discussions with diverse segments such as parents and physical education teachers, and expert interviews. It also incorporates perspectives from leading organizations in the sports for development sector, including Magic Bus, Dani Sports Foundation (DSF), Dasra, Naandi Foundation, Stepathlon, Zomato, and Vasant Valley School, among others. 

ABOUT DALBERG ADVISORS

Dalberg Advisors is a strategic advisory firm that combines the best of private sector strategy skills and rigorous analytical capabilities with deep knowledge and networks across emerging and frontier markets. We work collaboratively across the public, private and philanthropic sectors to fuel inclusive growth and help clients achieve their goals. Our global perspectives are firmly rooted in local realities. We have 28 offices across the world and have served clients in more than 135 countries. By combining local knowledge and international experience, our strategies blend the best global ideas and innovations with the local practicalities and partnerships needed for effective implementation.

Dalberg Advisors is part of the Dalberg Group which comprises six businesses — Dalberg Advisors, Dalberg Data Insights, Dalberg Design, Dalberg Implement, Dalberg Media, and Dalberg Research — and a not-for-profit, Dalberg Catalyst.

ABOUT SSA

The Sports and Society Accelerator (SSA) is a section 8 not for profit organization, founded in February 2022. It is public-spirited and independent, working on policy and capacity building to help universalize sport and physical activity (SAPA) in India. SSA's work and frameworks support and enable governments, private participants, and society to use SAPA to achieve better physical and mental health, economic growth, and social impact outcomes such as inclusion, equality, and sustainability. The team brings a diverse set of skills and extensive experience in Indian policy, governance, and sport for social impact, with its Mission 100, which envisions a fully active India by 2047 with every child playing, and every adult active.